The uncertain political situation in the UK undoubtedly had an effect on the property market in 2019, with many investors and occupiers choosing to postpone decisions until the political situation became clearer.
In addition to this inertia, the property market was continuing to suffer with the well documented troubles in the retail market. Collectively, these issues contributed to reduced real estate returns in 2019 compared to 2018. Despite these difficulties, Lothbury Property Trust delivered a positive return of 1.1% for 2019.
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